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ebay item 180154271431 , bid was under asking price

 
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mcare10
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PostPosted: Thu Aug 30, 2007 5:59 pm    Post subject: ebay item 180154271431 , bid was under asking price Reply with quote

Bid was under asking price but was not

I bid 114 and the asking price was 113.06 . I did not win and the message was bid was under asking price.

eBay item 180154271431 .

Mike
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PostPosted: Thu Aug 30, 2007 5:59 pm    Post subject: ebay item 180154271431 , bid was under asking price

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juangrande



Joined: 09 Aug 2007
Posts: 859
Location: San Diego, California, USA

PostPosted: Thu Aug 30, 2007 6:24 pm    Post subject: Reply with quote

When you bid, the winning bid was 113.06; thus, the bid increment was 2.50. This means you had to bid at least 115.56 for eBay to accept your bid. Since you bid only 114.00, your bid was indeed under the asking price.

See eBay's bid increment help page at http://pages.ebay.com/help/buy/bid-increments.html

By the way, even if you had bid 115.56, you may still have been outbid, since the winning bidder's proxy bid may have been still higher: the winning bid is no more than one increment higher than the second highest bid.
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